254 Lafayette St # 2F, Salem MA 01970

Salem, MA 01970
$559,000
Est. $3,877/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
1,241
Sq Ft
$450
Price/Sq Ft
1880
Year Built
2
Parking
1 hour 7 minutes
Time on Market
For Sale Open House Listed Sep 22, 2026 • MLS# 73572432 Copied! • Updated Sep 22, 2026

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Open House Schedule

26
Sep
Saturday, September 26
11:00 AM - 1:00 PM EDT
24
Sep
Thursday, September 24
6:30 PM - 7:30 PM EDT
27
Sep
Sunday, September 27
11:00 AM - 1:00 PM EDT

About this home

This charming and open floor plan condo unit is conveniently located minutes from the heart of downtown Salem. Sunny and well-maintained 2 generously-sized bedrooms in a Queen Anne Style Victorian home featuring details inside and out. Hardwood floors, high ceilings, gas fireplace, SS appliances, and period windows with one being stained glass. There is in-unit laundry, gas heat and range, basement storage shared yard, and deeded parking for two cars. Commuting is a breeze with easy access to the Salem Commuter Rail station and the Ferry, connecting you directly to downtown Boston. Salem is a vibrant city with many local shops, gourmet restaurants, parks, and history! This association is also pet friendly.

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Recently Sold Nearby

Property History

Market Insights

33.8%
Price Range
3
Previous Sales

Property Timeline

🏠
Listed for Sale
Sep 22, 2026
$559,000
Original listing
Office: eXp Realty LLC
Previous Transaction - MLS #73087799
Full transaction history available when tracking began
🏷️
Previously Sold
May 8, 2023
$470,000
MLS #73087799
Previous Transaction - MLS #72969879
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 1, 2022
$435,000
MLS #72969879
Previous Transaction - MLS #72726982
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 23, 2020
$370,000
MLS #72726982

Tax History

Year Taxes Assessment
2027 $5,383 $483,300

Financial Details

Annual Property Tax
$5,383
Tax Year 2027
HOA Fee
$402
Monthly
Assessed Value
$483,300

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,241 sq ft
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Natural Gas
Cooling Window Unit(s)
Flooring Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features Entry Hall

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Deeded
Total Spaces 2
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $5,383
Assessed Value $483,300

HOA & Community

HOA Fee $402 Monthly
Fee Includes Water, Sewer, Insurance, Snow Removal, Trash, Reserve Funds
Amenities None
Optional Fee Includes None
Pets Yes
Lead Paint Unknown
Seller Disclosures See Seller Disclosure Form Attachment For Further Information; Room Sizes Are Approximate - Buyers To Perform Their Own Due Diligence. Property Is Managed By Offsite Management Company.
Exclusions Washer And Dryer To Stay; Window Ac Excluded.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 2F
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1880
Bedrooms
2
Full Bathrooms
1
Living Area
1,241 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Entry Hall
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Effective Year (Renovated): 2007
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Deeded

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Greenhouse School
0.9 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
C+
Saltonstall School
0.2 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
C
Horace Mann Laboratory School
0.9 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.4 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.4 mi
107 students Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.5 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Carlton School
1.5 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
1.9 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Collins Middle School
0.7 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.5 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.0 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $449
Homeowners Insurance $200
HOA Fee $402/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

254 Lafayette St # 2F, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Jenny Thang
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID CN254744
Office MLS ID AN6820
Listing Data Updated Sep 22, 2026 11:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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